Legal Funding Group Fees

At Legal Funding Group (LFG) we work diligently to educate the client that even at the lowest rate possible, a non-recourse cash advance is expensive and should only be used as a last resort. Be aware that the Lawsuit Financing industry is full of part timers and very expensive advance operations. Some companies charge an automatic 100% of the advance amount; some charge 15% per month etc. Some even demand a portion of the settlement in addition to the advance amount and fees!

The ones that advertise low rates are simply adding larger front loaded one-time fees. For example, in place of a 10% origination fee – they will charge a 20% origination fee and knock off a ½ point on the monthly fees, hardly a bargain. In other cases they are doubling up on application fees.

Our fee structure includes a flat one-time application fee that ranges from $250.00 - $350.00. A one-time origination fee of 10% of the gross funding amount. Our monthly compounding fees range from 3.0 to as high as 8.9%. The client is never required to pay any upfront out of pocket expense. And of course all of our advances are non-recourse. If you are a client that is seeking a larger advance, we encourage monthly drawdowns to save on monthly fees. We find that everyone’s needs are different. Please fee to call us toll free at (877) 457-7771 - 8:00 A.M. – 5:00 P.M. CST should you have questions